Location: Franklin County, MA | Metro: Amherst Town-Northampton, MA MSA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,250 |
| 1 Bedroom | $1,430 |
| 2 Bedrooms | $1,810 |
| 3 Bedrooms | $2,260 |
| 4 Bedrooms | $2,590 |
| 5 Bedrooms | $3,004 |
| 6 Bedrooms | $3,364 |
| 7 Bedrooms | $3,633 |
| 8 Bedrooms | $3,815 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $2,260 | $408,868 | 0.55% | F |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP code 01070, DE, presents a nuanced picture for both landlords and small-portfolio investors. With a median home value of $331,974, the area reflects a stable housing market, indicating that property values have remained consistent. However, the absence of percentage data on reduced listings and the median days on market (DOM) suggests a lack of volatility and a balanced supply-demand scenario. This stability implies that landlords can maintain their rental pricing without significant adjustments, preserving their cash flows and profit margins.
On the rental side, the Fair Market Rent (FMR) for ZIP 01070 in fiscal year 2024 is set at $1300, slightly above the current market rent of $1,292 according to Census ACS data. This minor difference signals a market that is closely aligned with government guidelines, allowing landlords to adjust their rents marginally upward to meet the FMR without alienating tenants. The closeness of these figures also indicates that the rental market is mature and unlikely to experience drastic changes in the near future, which is reassuring for long-term investment strategies.
For long-hold investors, the setup in ZIP 01070 points toward a realistic appreciation thesis grounded in steady growth rather than rapid increases. The median home value and the slight edge of FMR over market rent suggest a market that is growing at a measured pace, likely driven by gradual economic improvements and population stability. While significant appreciation might not be imminent, the area offers a solid foundation for long-term capital appreciation, especially if broader economic trends support local growth.
In summary, the data for ZIP 01070 reveals a market where landlords can exercise moderate pricing power, maintaining rents close to the FMR while benefiting from a stable home value. Long-term investors should anticipate a slow but steady appreciation, aligning their expectations with the reality of the local economy and housing demand. This environment supports a conservative investment approach, focusing on consistent returns rather than speculative gains.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.